A statement released earlier today by JP Morgan Cazenove about Pearson PLC (LON:PSON) bumps down the target price to 940.00GBX
- Updated: November 29, 2016
Boasting a price of 782.75GBX, Pearson PLC (LON:PSON) traded 0.06% higher on the day. With the last close down -7.36% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of 765.49GBX and a 200-day moving average of 836.55GBX. 875,049 shares of the stock were exchanged, down from an average trading volume of 4,143,820
JP Morgan Cazenove bumped down the target of Pearson PLC (LON:PSON) to 940.00GBX stating a potential upside of 0.20%.
On Tuesday November 22, 2016, Credit Suisse released a statement for Pearson PLC (LON:PSON) bumped down the target price from 840.00GBX to 740.00GBX that suggested a downside of -0.04%.
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Pearson PLC has a 52 week low of 644.50GBX and a 52 week high of 989.50GBX with a P/E ratio of 9.27 The company’s market cap is currently 0 GBX.
In addition to JP Morgan Cazenove reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is 883.95GBX with 5 firms rating the stock a strong buy, 7 firms rating the stock a buy, 5 firms rating the stock a hold, 5 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Pearson PLC (LON:PSON)
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services. The core markets are the United Kingdom, Australia, Germany, France, the Benelux countries and Italy. The Company provides English language schools in China and Brazil; partner schools in Brazil and India; vocational and higher education institutions from Saudi Arabia to South Africa, as well as textbooks and educational software. The Company creates and manages intellectual property, which it promotes and sells to its customers under various brand names.
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